April 01, 2015
PR No. 099/2015

Order in the matter of M/s Swar Agroteak and Housing (India) Private Limited (SAHIPL) and its Directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on March 30, 2015 in the matter of Swar Agroteak and Housing (India) Pvt. Ltd. against the company and its directors under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 read with Regulation 65 of the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 and Securities And Exchange Board Of India (Prohibition Of Fraudulent And Unfair Trade Practices Relating To Securities Market) Regulations, 2003.
 
The Registered Office of the Company is situated at Shastri Chauraha, Near Hero Honda Showroom, Etawah - 206001 (UP). The order directed the company and its Directors, Mr. Rajesh Awasthi, Mr. Pravesh Kumar Karowliya, Mr. Raghuvir Singh, Mr. Dharmendra Kumar Pal, Mr. Jitendra Kumar Porwal and Mr. Shiv Kumar not to collect any fresh money from the investors under its existing scheme or not to launch any new schemes or plans or float any new companies to raise fresh moneys; not to dispose of or alienate any of the properties/assets obtained directly or indirectly through money raised by the company; not to divert any funds raised from public at large which are kept in bank account(s) and/or in the custody of SAHIPL; to furnish all the information/details sought by SEBI within 15 days from the date of receipt of the order.
 
The Company was engaged in fund mobilizing activity from public by floating/sponsoring/ launching Collective Investment Scheme (CIS) as defined in section 11AA of the SEBI Act, 1992.

Mumbai
 
April 01, 2015

For full copy of order against DHARMENDRA KUMAR PAL, click here.

For full copy of order against JITENDRA KUMAR PORWAL, click here.

For full copy of order against PRAVESH KUMAR KAROWLIYA, click here.

For full copy of order against RAGHUVIR SINGH, click here.

For full copy of order against RAJESH AWASTHI, click here.

For full copy of order against SHIV KUMAR, click here.

For full copy of order against SWAR AGROTEAK & HOUSING (INDIA) PVT.LTD., click here.